Fortinet(US:FTNT) Prnewswire·2025-09-08 19:00Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Fortinet, Inc. following disappointing financial results and subsequent stock price decline [1][2]. Financial Performance - On August 6, 2025, Fortinet reported second quarter 2025 financial results that were deemed disappointing, leading to confusion among investors regarding the company's revenue growth [2]. - The company indicated that 40% to 50% of its accelerated firewall refresh, estimated at a $450 million opportunity, was completed, yet this did not translate into expected product revenue growth [2]. Stock Market Reaction - Following the announcement of the disappointing financial results, Fortinet's stock price dropped by $21.28 per share, or 22.03%, closing at $75.30 per share on August 7, 2025 [2].